NEWS

Businesses confident in China’s economic outlook

In discussing China’s economic outlook, Mohammed Al Ajlan, vice chairman of Saudi Arabia’s Ajlan Brothers Holding Group and chairman of the Saudi-Chinese Business Council, was quoted as saying that China’s economic growth in the first quarter exceeded the market’s expectations, reflecting the continued positive trend and strong resilience of China’s economy. He also added that many favorable economic policies in China are working to boost the confidence of global investors, and expressed confidence in future cooperation between the Middle East and China.